please help with req 2&3.

ChocAttack makes candy bars for vending machines and sells them to vendors in cases of 30 bars. Although ChocAttack makes a variety of candy, the cost differences are insignificant, and the cases all sell for the same price. ChocAttack has a total capital investment of $12,000,000. It expects to produce and sell 450,000 cases of candy next year. ChocAttack requires a 12% target return on investment Expected costs for next year are: Click the icon to view the costs.) ChocAttack prices the cases of candy at full cost plus markup to generate profits equal to the target return on capital Read the requirements Requirement 1. What is the target operating income? (Enter the percentage as a whole number.) Capital investment Target return on investment Target operating income 1,440,000 12,000,000 Requirement 2. What is the selling price ChocAttack needs to charge to eam the target operating income? Calculate the markup percentage on full cost. Begin by calculating the target revenues by working backwards from the target operating income. Target revenues Variable costs Contribution margin Fixed costs Target operating income 12% = $ ChocAttack makes candy bars for vending machines and sells them to vendors in cases of 30 bars. Although ChocAttack makes a variety of candy, the cost differences are insignificant, and the cases all sell for the same price. ChocAttack has a total capital investment of $12,000,000 # expects to produce and sell 450,000 cases of candy next year. ChooAttack requires a 12% target return on investment. Expected costs for next year are: (Click the icon to view the costs) ChocAttack prices the cases of candy at full cost plus markup to generate profits equal to the target return on casital Requirements 1. 2. 3. What is the target operating income? What is the selling price ChocAttack needs to charge to eam the target operating income? Calculate the markup percentage on full cost. ChocAttack is considering increasing its selling price to $13 per case. Assuming production and sales decrease by 6%, calculate increasing the selling price a good idea? ChocAttack's return on investment is Fixed costs Target operating income Print Done Data table Variable production costs $4.00 per case Variable marketing and distribution costs $1.50 per case Fixed production costs $435.000 $800,000 Fixed marketing and distribution costs Other fixed costs $250,000 Print Done